SOLD
RECENT ADVICE
Sold on 23 Sep 2024 for $585,000

1/7 Cormiston Road
Riverside TAS 7250

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Sold By
McGrath Launceston
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Property Details for 1/7 Cormiston Rd, Riverside

1/7 Cormiston Rd, Riverside is a 2 bedroom, 2 bathroom House. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom House sold in Riverside in the last 12 months.

Building Type
House
Local Government
West Tamar

Last Listing description (October 2024)

- Elevated positioned capturing views of Tamar Island and Tamar River
- Ideal first home or downsizing option in a central location close to services
- Level access into the home, ideal for those who seek accessibility with views

- Open plan lounge and dining room enjoy large picture frame windows
- All day sun floods in the living spaces creating a beautiful sense of home
- Spacious kitchen with large breakfast bar, an abundance of storage
- Private deck off the dining and kitchen is a fantastic space to entertain
- Master bedroom with ensuite and WIR, positioned to capture morning sun
- Built in wardrobes in 2nd bedroom, large linen closet in the hallway
- Main bathroom provides separate shower, bath and modern vanity
- Internal access into the garage, off street parking for boat or caravan
- Minutes to local bus stop, 5 minutes to Legana & Riverside Shopping Centre's
- Easy walk to multiple schools including Christian School & St Anthony's

Property History for 1/7 Cormiston Rd, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$585,000
23 Sep 2024
Listed for Rent
$500/w
17 Jan 2023
  • 23 Sep 2024
    Sold for $585,000
  • 27 Aug 2024
    Listed for Sale $545k - $585k
  • 17 Jan 2024
    Listed for Rent $520 / week
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About Riverside 7250

The size of Riverside is approximately 55 square kilometres. It has 7 parks covering nearly 2.6% of total area. The population of Riverside in 2011 was 6,072 people. By 2016 the population was 6,475 showing a population growth of 6.6% in the area during that time. The predominant age group in Riverside is 10-19 years. Households in Riverside are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Riverside work in a professional occupation. In 2011, 75.3% of the homes in Riverside were owner-occupied compared with 72.7% in 2016.

Riverside has 3,452 properties. Over the last 5 years, Houses in Riverside have seen a 64.30% increase in median value, while Units have seen a 30.36% increase. As at 30 September 2024:

  • The median value for Houses in Riverside is $641,551 while the median value for Units is $377,391.
  • Houses have a median rent of $480 while Units have a median rent of $405.
There are currently 38 properties listed for sale, and 4 properties listed for rent in Riverside on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Riverside.

Suburb Insights for Riverside 7250

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.